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Alyeskl Tours operates day tours of coastal glaciers in Alaska on its tour boat the...

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Alyeskl Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two cost drivers-the numbe of cruises and the number of passengers-that it uses in its budgetng and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. Up to 86 passengers can be accommodated on the tour boat. Data concerning the company's cost formulas appear below Cruise 474.00$3.30 38.00$1.50 Vessel operating costs $6,600 $2,600 $5,800 $4,000 Administrative costs Insurance For example, vessel operating costs should be $6,600 per month plus $474.00 per cruise plus $3.30 per passenger. The company's sales should average $31.00 per passenger. The company's planning budget for July is based on 58 cruises and 3,150 passengers Required: Complete the company's planning budget for July Alyeski Tours Planning Budget For the Month Ended July 31 Revenue Expenses: Vessel operating costs Advertising Administrative costs Insurance Total expense Net operating income

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